The largest basic income program in Latin America is currently underway in Maricá, Brazil, a city of 158,000 near Rio de Janeiro. Mayor Fabiano Horta and fellow city officials are working to enroll thousands of residents in the Renda Básica da Cidadania (RBC), or Citizens’ Basic Income program.
By the end of the year, Maricá’s government officials expect an enrollment of approximately 50,000 of the city’s most in need residents, who will begin to receive a monthly benefit equivalent to 130 reais (approximately $30) per person, paid in mumbuca, Maricá’s local digital currency. In a country where the per-capita poverty […]
Full Post at theglobalamericans.org